4089 County Road 233HicoTX76457
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Ziffy AI Summary
A quick, investor-focused snapshot highlighting income strength, yield potential.
| Key metrics | Value |
|---|---|
| Price | $399,900 |
| Est. Rent | $3,200/mo |
| ROI | 18% |
- Attractive rent-to-price ratio for income stability
- Good fit for DSCR financing with healthy coverage
Investment Highlights
Rental property for sale in Hico at 4089 County Road 233, Hico, TX, 76457 generates $1,960/mo in rent and, after a $954/mo payment, leaves $565/mo in cash flow. Total monthly income is $1,960/mo, and annual cash flow is $6,785/yr on $64,643 invested. Return on cash invested sits at 30.41% in year one, and rental yield is 12.06% on a $195,000 entry. Equity gained on principal adds $1,258/yr, while 5% annual appreciation builds toward $53,875 over five years. Five-year ROI reaches 160.44% and total cumulative return in cash sums $103,714. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $1,960/mo property income rather than buyer’s personal income.
Lot
Built in N/A
12 Acres lot
$N/A/sqft
$100 annually HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 76457, Hico, TX area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 2,189 (100%) |
| Owner Occupied HU | 1,299 (59.3%) |
| Renter Occupied HU | 406 (18.5%) |
| Vacant Housing Units | 484 (22.1%) |
| Median Home Value | $260,659 |
| Average Home Value | $374,378 |
Housing Distribution
Address Breakdown
Residential
1,597
Single Family
1,597
Multi-Family
0
Businesses
162
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Listed by: Joe Humphries • PREFERRED PROPERTIES OF TEXAS
Mls Name: NTREIS
Mls ID: #20622805
Disclaimer: IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.